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Maanshan Iron & Steel Co Delays Circular Dispatch for Major Transactions

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Maanshan Iron & Steel Co Delays Circular Dispatch for Major Transactions

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Maanshan Iron & Steel Co ( (HK:0323) ) has provided an update.

Maanshan Iron & Steel Co announced a delay in the dispatch of a circular related to its major transactions, including an Equity Transfer Agreement and a Capital Increase Agreement. The delay, extending the dispatch date to on or before May 21, 2025, is due to the need for additional time to finalize certain information, impacting the timeline for shareholder review and approval.

The most recent analyst rating on (HK:0323) stock is a Hold with a HK$1.60 price target. To see the full list of analyst forecasts on Maanshan Iron & Steel Co stock, see the HK:0323 Stock Forecast page.

More about Maanshan Iron & Steel Co

Maanshan Iron & Steel Co is a joint stock limited company based in the People’s Republic of China, operating in the iron and steel industry. The company is primarily involved in the production and sale of iron and steel products.

Average Trading Volume: 18,446,127

Technical Sentiment Signal: Hold

Current Market Cap: HK$22.12B

See more data about 0323 stock on TipRanks’ Stock Analysis page.

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